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Diageo sells stake in Indian cricket team RCB for £1.3bn

By Frank Prenesti

Date: Wednesday 25 Mar 2026

(Sharecast News) - Drinks group Diageo on Wednesday said it had sold the Royal Challengers Bengaluru cricket team for £1.3bn to a consortium including Blackstone and US sports investor David Blitzer.
The FTSE 100 firm acquired the IPL franchise 10 years ago when it took a majority stake in Indian drinks...

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